This paper examines the asymmetrical relationship between exchange rate and consumer prices in 40 sub-Saharan African (SSA) countries from 1990Q1 to 2017Q4. We estimate pass-through (ERPT) for each country by using nonlinear autoregressive distributed lag (NARDL) framework dynamic panel techniques robust cross-sectional dependence. First, our findings suggest an ERPT SSA region during short term, whereas there are mixed results across subregions long term. Second, of analysis incomplete...

This study examines the effect of market risk on financial performance 31 non-financial companies listed Casablanca Stock Exchange (CSE) over period 2000–2016. We utilized three alternative variables to assess performance, namely, return assets, equity and profit margin. used degree leverage, book-to-market ratio, gearing ratio as indicators risk. Then, we employed pooled OLS model, fixed effects random difference-GMM system-GMM models. The results show that different measures have...

This study investigates the volatility dynamics of gold, silver, and platinum prices using daily closing data from Shanghai Gold Exchange between 2012 2020. We employed ARCH GARCH models to analyze volatility, asymmetry, spillover effects among these precious metals. Our findings reveal that all three metals exhibit significant price fluctuations clustering. Silver demonstrated highest overall. Furthermore, displayed asymmetric responses market shocks, with gold demonstrating greater...

This paper analyses the data on Chinese A-share listed companies from 1996 to 2019, using fixed-effect regression and double-difference method systematically examine impact of commercial credit enterprise technological innovation. The study found that acquisition provision has promoted number innovations significantly improved their quality. In particular, innovation highly constrained is by financing. Our findings help solve obstacles enterprises face in breaking through financing...

Abundant literature infers the negative incidence of financial liberalization in banking sector. As interest rate marketization is a reality China, we empirically investigate determinants commercial banks’ performance using 10 listed Chinese banks for 1999 to 2019. Our findings suggest that net margin (NIM), non-performing loans (NPL), and asset size (LnAsset) are key drivers profitability banks. Interestingly, sample city observed, find bank strongly driven by sound management assets retail...

This study examines the effect of market risk on financial performance 31 non-financial companies listed Casablanca Stock Exchange (CSE) over period 2000-2016. We utilize three alternative variables to assess performance, namely return assets, equity and profit margin. Next, we use degree leverage, book-to-market ratio, gearing ratio as variables. Besides, employ pooled OLS model, fixed effects random-effects difference GMM system models. The results show that indicators have a negative...

This paper presents new updated evidence on the initial public offering (IPO) aftermarket performance for 144 listed firms Colombo Stock Exchange from 1991 to 2017. We found that average returns are always lower than 1%. On average, buy and hold abnormal negative in a short period, gradually become positive over longer period (12.46% 3 years). Further, positively related investor sentiment annual volume of listings while being negatively returns, which is consistent with divergence opinion...

An abundant body of literature explores the impact finance on economic growth. However, only a few studies examine this link for developing economies. This paper investigates banking intermediation-growth nexus with respect to Central African Economic and Monetary Community (CEMAC). Making use two panel estimation techniques, we exert positive influence sector intermediation long-run growth over studied period (1990-2016). Despite finding negative association between financial development...

The authors would like to make the following corrections about published paper [...]

Chinese banks have gradually expanded their financial services into overseas and trade transactions. The system is becoming more humanized intelligent with the global economy's rapid development progress. It improves quality of banks' plays a vital role in its construction product innovation. As an internal driving force for industry, innovation has vast extensive impact on economy. Because importance monetary policy national macroeconomic regulation control, it great practical significance...